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The price of Revolution Medicines Inc (NASDAQ: RVMD) closed at $47.13 in the last session, down -1.30% from day before closing price of $47.75. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 0.77 million shares were traded. RVMD stock price reached its highest trading level at $47.995 during the session, while it also had its lowest trading level at $46.58.
Ratios:
We take a closer look at RVMD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 15.42 and its Current Ratio is at 15.42. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on July 16, 2024, Reiterated its Buy rating but revised its target price to $62 from $46 previously.
On July 12, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $52.
On July 08, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $63.Jefferies initiated its Buy rating on July 08, 2024, with a $63 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 14 ’24 when Kelsey Stephen Michael sold 16,666 shares for $49.49 per share. The transaction valued at 824,804 led to the insider holds 264,408 shares of the business.
Horn Margaret A sold 50,000 shares of RVMD for $2,517,055 on Oct 11 ’24. The Chief Operating Officer now owns 132,320 shares after completing the transaction at $50.34 per share. On Oct 11 ’24, another insider, GOLDSMITH MARK A, who serves as the insider of the company, sold 30,000 shares for $50.36 each. As a result, the insider received 1,510,773 and left with 300,170 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RVMD now has a Market Capitalization of 7872548864 and an Enterprise Value of 6369241600. For the stock, the TTM Price-to-Sale (P/S) ratio is 10638.64 while its Price-to-Book (P/B) ratio in mrq is 4.82. Its current Enterprise Value per Revenue stands at 8583.883 whereas that against EBITDA is -11.185.
Stock Price History:
Over the past 52 weeks, RVMD has reached a high of $51.00, while it has fallen to a 52-week low of $15.44. The 50-Day Moving Average of the stock is 4.72%, while the 200-Day Moving Average is calculated to be 23.83%.
Shares Statistics:
According to the various share statistics, RVMD traded on average about 1.02M shares per day over the past 3-months and 1004280 shares per day over the past 10 days. A total of 164.67M shares are outstanding, with a floating share count of 139.21M. Insiders hold about 16.66% of the company’s shares, while institutions hold 87.24% stake in the company. Shares short for RVMD as of 1727654400 were 16342734 with a Short Ratio of 16.04, compared to 1724976000 on 16505419. Therefore, it implies a Short% of Shares Outstanding of 16342734 and a Short% of Float of 10.42.
